Celsius Network Ltd., commonly referred to as Celsius, is a prominent player in the cryptocurrency and blockchain industry, headquartered in France. Founded in 2017, Celsius has rapidly established itself as a leading platform for crypto lending and borrowing, offering users the ability to earn interest on their digital assets. With a focus on decentralised finance (DeFi), Celsius provides unique services such as crypto-backed loans and high-yield interest accounts, setting it apart from traditional financial institutions. The company has achieved significant milestones, including a robust user base and substantial assets under management, positioning itself as a trusted name in the evolving landscape of digital finance. Celsius continues to innovate, making strides in user-friendly financial solutions for both individual and institutional clients.
How does Celsius's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Celsius's score of 26 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Celsius, headquartered in France, currently does not have publicly available carbon emissions data or specific reduction targets. Without emissions figures, it is challenging to assess their carbon footprint or the scope of their emissions (Scope 1, 2, or 3). However, the company may still be engaged in climate commitments or initiatives within the industry context. As of now, there are no documented reduction initiatives or climate pledges that outline their approach to sustainability or emissions reduction. Further information would be required to provide a comprehensive overview of Celsius's climate commitments and performance.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Celsius is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.